Different ways Quote by Victor Cheng

“When analyzing costs, it’s often useful to segment them into fixed versus variable costs. You can do this in two ways. One way is…

— Victor Cheng

Costs do not exist to be calculated. Costs exist to be reduced.

— Taiichi Ohno

The problem with a cost reduction strategy is that there is a finite limit.You can only get to zero.

— Eliyahu Goldratt

Sometimes it's more difficult to achieve a 10% cost reduction than it is to tell people they have to achieve 50%. Small incremental steps…

— Eckhard Pfeiffer

“challenging market, when so many of our customers are struggling to control costs, our engineers have been reconfiguring our portfolio into industry-leading suites of…

— Jeff Thull

Cost is the only issue when there is no value. When there is value, the cost is irrelevant.

— Carl A Dixon

The next step after cheap is free, and after free is disposable.

— Bill Joy

Real benefits come when managers begin to understand the profound difference between 'cost cutting' and 'eliminating the causes of costs'

— Brian L. Joiner

We have never considered any costs as fixed. Therefore we first reduce the price to a point where we believe more sales will result.…

— Henry Ford

If cuts have to be made, the question then becomes which expenditure adds the least value? This is possibly what drives companies to reduce…

— Paul Dyson

“A fixed cost doesn’t change as the number of units sold changes.”

— Victor Cheng

“The most important task in specifying value, once the product is defined, is to determine a target cost based on the amount of resources…

— James P. Womack